Release date: 2 February 2006
Promoter – Financial Intermediary
Telecom Italia SALocation
Description
Extension of the promoter's high-speed network in France.
Objectives
Expansion and development of the range of services on the French high-speed market.
Sector(s)
Proposed EIB finance (Approximate amount)
Around EUR 200 million (to be verified during the appraisal)
Total cost (Approximate amount)
Around EUR 600 million (to be verified during the appraisal)
Environmental aspects
In line with the provisions of the EU Directive 1997/11/EC currently in force, an EIA is not required for the supply of telecommunications services (services of this kind are not covered by Annexes I and II). The project is not likely to cause significant environmental damage given that the schemes primarily involve work on existing local network or transmission facilities. The laying of cable ducts and the construction of new shelters could have a minor environmental impact.
Procurement
The telecommunications sector, which is considered to be a competitive market, is excluded from the scope of the EU Directive on utilities contracts (Directive 2004/17/EC). The promoter should implement effective procurement procedures that will be checked as part of the appraisal.
Status
Signed - 27/12/2006
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).